Market Hours & the Most Active Trading Times (World Clock)
Check which major markets are open right now, and when FX, gold, oil, stock indices and more tend to move the most during the day — all on one world clock. Price movement is calculated from one year of Titan FX hourly (H1) data.
Markets Open Now
FX trading sessions
Major stock exchange hours
Colored bands show when each market is open (lighter bands have already finished today). FX session times are general guides; the FX trading week runs from 17:00 New York time on Sunday to 17:00 on Friday (Titan FX trading hours). Regular trading hours are shown; public holidays and shortened trading days are not reflected.
- Loading data…
Most active hours
Average range by hour
Each bar is the average 1-hour range (high minus low). Darker bars mean the hour is more active than this instrument’s daily average.
Average range by day and hour
The same hour can behave differently depending on the day of the week. Darker cells mean more active hours.
Active Hours by Instrument
Each instrument’s day is split into 24 cells, colored by how active each hour is compared with that instrument’s own average. Click a row to open that instrument’s chart page.
| Instrument | Activity through the day (0:00–23:00) | Most active hour (range estimate) | This hour |
|---|---|---|---|
| FX | |||
| USD/JPYUSDJPY› | — | ||
| EUR/USDEURUSD› | — | ||
| GBP/USDGBPUSD› | — | ||
| AUD/USDAUDUSD› | — | ||
| EUR/JPYEURJPY› | — | ||
| GBP/JPYGBPJPY› | — | ||
| AUD/JPYAUDJPY› | — | ||
| USD/CADUSDCAD› | — | ||
| Metals | |||
| GoldXAUUSD› | — | ||
| SilverXAGUSD› | — | ||
| Energy | |||
| WTI CrudeXTIUSD› | — | ||
| Natural GasXNGUSD› | — | ||
| Indices | |||
| Japan 225JPN225› | — | ||
| US 500US500› | — | ||
| Nasdaq 100NAS100› | — | ||
| US 30US30› | — | ||
| Germany 40GER40› | — | ||
| Hong Kong 50HK50› | — | ||
| Crypto | |||
| BitcoinBTCUSD› | — | ||
| EthereumETHUSD› | — | ||
For Beginners: Time Zones and Price Movement
Global markets are linked like a relay across time zones
FX and gold can be traded almost 24 hours a day on weekdays, because markets open one after another across time zones — Sydney, Tokyo, London, then New York. But not every hour moves the same way. Price movement tends to concentrate in hours when many people are trading or when major announcements are released.
Daylight saving time shifts market hours by one hour
The US observes daylight saving time (DST) from the second Sunday in March to the first Sunday in November, and Europe from the last Sunday in March to the last Sunday in October. Japan, China and Hong Kong do not use DST at all. That is why the same market opening can fall at different times in summer and winter, depending on where you are. The table below shows when key events fall in the time zone you selected above.
| Key time | Local time | Summer time | Winter time |
|---|---|---|---|
| London session begins | London 8:00 | 3:00 | 3:00 |
| Major US economic data | New York 8:30 | 8:30 | 8:30 |
| US stock market opens | New York 9:30 | 9:30 | 9:30 |
| London Fix | London 16:00 | 11:00 | 11:00 |
| New York close (FX day rollover) | New York 17:00 | 17:00 | 17:00 |
Because the US and Europe change clocks on different dates, the usual time differences change for a few weeks in March and in October–November.
How to Use the Active Hours
Check which markets are open
Start by seeing which markets are open. The hours when both London and New York are open are usually the busiest of the day.
Go to markets open now →Find the active hours for your instrument
Choose an instrument to see its average range for each hour. Active hours can bring bigger profits and bigger losses, so use them as a guide when deciding position size and stop-loss distance.
Go to the most active hours →Compare with other instruments
The same hour can be active for one instrument and quiet for another. The table lets you compare which instruments are active or quiet right now.
Go to the instrument table →Glossary
Trading session
FX has no central exchange. The hours when banks in each region are most active are called sessions, such as the “Tokyo session” or “London session”. The FX session times on this page are general guides.
Range (high − low)
The difference between the highest and lowest price within a period (one hour on this page). A larger range means the price moved more during that hour. It is shown as a percentage of the price so different instruments can be compared.
Pips
The unit used for FX price moves. For yen pairs such as USD/JPY, one pip is 0.01 yen; for pairs such as EUR/USD, one pip is 0.0001.
Daylight saving time (DST)
Moving clocks forward by one hour during the summer months. It is used in the US, Europe, Australia and elsewhere, but not in Japan, China or Hong Kong.
Tokyo fixing
The time (9:55 Tokyo time) when Japanese banks set the reference exchange rate for the day. Importers’ dollar buying tends to gather around it, so USD/JPY is known to move around this time.
London Fix
The benchmark exchange rate set at 4:00 pm London time (WM/Reuters). Funds around the world trade at this rate, so prices can move sharply around it.
Range = (high − low) ÷ close of each hourly bar, averaged for each hour separately for the US summer-time and winter-time periods.
Market hours are calculated from each market’s regular trading hours in local time. Public holidays and shortened trading days are not reflected.